2022 in review: Eight key factors that moved stock market this year
Live MintDecember 30 was the first trading session of the January 2023 F&O expiry series, but the last trading session of year 2022. Despite geopolitical uncertainties, high global inflation and consistent selling by foreign investors in India, domestic flows remained resilient helping the benchmark indices hit new all-time highs this year. Global Inflation Global central banks had kept a loose monetary policy and dovish stance for two long years since the breakout of coronavirus in 2020 to support growth. Fed rate hike In a bid to curb high inflation, the global central banks started to lift key benchmark rates. Resilient domestic flows While high global inflation, FII selling and coming out of a post-pandemic world posed big problems for the Indian market, the only factor that supported the Indian equity market was high inflow from domestic channels.